Author: Money Mechanics

Hollywood actress Elisha Cuthbert has officially sold her lavish Los Angeles home for $1.93 million, days after the property was put back on the market with a significant discount.Cuthbert, 43, who is originally from Canada, has made multiple attempts to offload the property in recent years, initially bringing it to the market for the first time in July 2025, when it was listed for $3.13 million. However, in the months that followed, the “24” star, who took a four-year hiatus from acting in 2022, reduced the asking price multiple times, as the dwelling bounced on and off the market.On June 25, the…

Another down day for tech stocks weighed on the broader market Friday, with today’s leg lower sparked by reports that a new artificial intelligence model from Chinese startup Moonshot AI bridges the gap with several U.S. models. Poorly received earnings results from streaming giant Netflix (NFLX) weighed on sentiment, too.At the close, the tech-heavy Nasdaq Composite was down 1.4% at 25,520, the broader S&P 500 was off 1.0% at 7,457, and the blue-chip Dow Jones Industrial Average was 0.8% lower at 52,146.News that Moonshot AI’s Kimi K3 is powerful enough to rival models from OpenAI and Anthropic revived competition fears…

Budgeting is especially challenging for people who have unpredictable or varying income. For example, if you’re a freelancer or a seasonal worker, it might be impossible to predict what you’ll earn from month to month. Those fluctuations can make budgeting feel like trying to hit a moving target. As a financial educator and former NFCC-certified credit counselor, I’ve helped thousands of people build budgets, including many with irregular incomes. The key is building a budget that’s flexible enough to handle both good months and lean ones, so you can stay on top of your bills without sacrificing your long-term financial goals.…

The first new condo development that Malibu has seen in two decades has officially opened its doors—revealing a veritable oasis of wellness-centric amenities designed to offer the very best in coastal living, without the eight-figure price tags that so are so often attached to properties in the exclusive enclave.Privé Malibu is a gated condominium community that is perched above Point Dume and features 68 newly completed residences, all of which feature either two- or three-bedroom floor plans.Spread across a 10-acre parcel, the property was previously a rental complex that once counted actor Charlie Sheen as a resident, according to the…

U.S. prosecutors have accused a Florida man of uploading fake video games that contained malware to Steam, the popular PC games platform. Once victims downloaded and installed the games, the malware was designed to infect their computers, steal their passwords and other data, and drain their crypto wallets, according to a criminal complaint. On Tuesday, the FBI arrested Zyaire Wilkins, a 21-year-old Florida resident and student. On Wednesday, prosecutors accused him and a number of unnamed co-conspirators of hacking crimes. Over the past two years, Wilkins and his partners allegedly published several malware-laden video games on Steam, including BlockBlasters, Dashverse,…

(Investing) – Oil prices advanced on Friday and were on track for sharp weekly gains, as escalating fighting between the United States and Iran kept traders focused on the risk of supply disruptions from the Middle East. As of 09:47 ET (13:47 GMT), , the global oil benchmark, had risen 3.0% to $86.79 per barrel, while  had gained 3.5% to $81.65 per barrel, hovering around its highest level since June 15. Both benchmarks were heading for one-week gains of more than 10% after the latest escalation in hostilities added to the geopolitical risk premium in prices. Still, “there is a lack of urgency in…

BlackRock (NYSE:BLK) executives said the asset manager delivered record second-quarter results and its strongest first half on record, driven by broad-based client inflows, higher markets, acquisitions and continued demand for ETFs, private markets and technology offerings. Chief Financial Officer Martin S. Small said BlackRock generated second-quarter revenue of $7.1 billion, up 31% from a year earlier, while adjusted operating income rose 39% to $2.9 billion. Adjusted earnings per share were $13.91, up 15% year over year. Small said all three measures reached quarterly records. The firm reported $192 billion of total net inflows in the quarter, contributing to $868 billion…

Article published at 9:30 a.m. CTJJ Kinahan is Senior Vice president, Head of Retail Expansion and Alternative Investment Products at Cboe Global Markets, Inc. (Cboe).Key Takeaways:Tech investors worry about future returnsOil prices heading back to intraweek highsNetflix is still struggling; shares fallChip stocks are again grabbing market headlines in early trading today as the worldwide sector decline advances. The catalysts are still the same: Investors are taking profits and ditching the sector as worries grow that the massive rally is financially sustainable, pushing the sector in bull market territory.That’s dragging down the Nasdaq Composite more than 2%, placing it firmly…

Each week in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter editor, answers questions on topics submitted by readers. This week, she’s looking at four tax questions from readers on the Obamacare premium tax credit. (Get a free issue of The Kiplinger Tax Letter or subscribe.)1. Changes to the premium tax creditQuestion: For the past few years, I purchased my health insurance online through the government marketplace. The generous subsidies I qualified for reduced my monthly premiums. When I bought my 2026 health insurance plan, I saw my monthly premiums were much higher than in prior years…

Picture a family sitting around the table for Thanksgiving dinner. They chat, laugh and enjoy the thoughtfully prepared meal. As they finish, the conversation shifts to what each family member is thankful for. They talk about gratitude in the context of family values and decide which charities to support during the holiday season.Conversations like this can engage children in charitable giving early on. And while every family’s discussion will be different, taking this kind of intentional approach is an essential first step in building and maintaining a lasting charitable legacy.This is a hot topic for many families. After a decade…